Chapter 519 A New Bet!



Chen Dong remained expressionless. Old Guo assumed that Chen Dong did not understand what the connector was used for, so he explained it in detail.

"Mr. Chen, a connector is a component that connects electronic signals, and it is also a bridge between electronic signals. This bridge is used to connect electronic signals and power supplies, components, and accessories."

"Modern computers, mobile phones, DVD players, music players, almost all advanced electronic products have such components."

"To give an example, a computer has a series of systems such as chips, memory, circuit boards, cooling devices, and power supplies. These systems are connected by connectors."

"Customers only need to buy the connectors and place them directly into the connector slots of each system, which makes computer assembly very simple and convenient."

"Moreover, with connectors, automated assembly line production can be achieved. Without connectors, all connections rely on power cords, resulting in a spider web of exposed power cords that need to be soldered. Moreover, the wiring is prone to errors, and the soldering quality cannot be guaranteed. In particular, the soldering process will hinder assembly line assembly and make it impossible to achieve mass production."

"Connectors are like the nerves of a computer. By connecting a network of crisscrossing lines, the will of the central nervous system can be smoothly transmitted to every corner of the surrounding area, allowing every part of the brain that receives a signal to respond quickly and promptly."

Guo talked on and on until his mouth was dry, afraid that Chen Dong hadn't understood. After all, with an investment of $50 million, Chen Dong had to see Foxconn's potential.

If Chen Dong takes the money back because he didn't understand his strategic plan, Guo will have nowhere to turn to cry.

For this transformation of Foxconn, he not only used $50 million to buy equipment, but also used the limited funds in Foxconn's accounts to renovate the factory buildings and office facilities.

It can be said that Guo Wengui went all in, betting his entire fortune on this, and he couldn't allow any failure.

There's a saying: "The bigger your heart, the bigger your stage."

He wants to show others that having ambition is not enough; one must also have the ability and vision to match that ambition.

"Very good, Lao Guo, I knew I hadn't misjudged you."

Chen Dong smiled slightly. Although he didn't understand these professional skills, it didn't matter, as long as someone else did.

Moreover, Chen Dong also knew that Foxconn would become a behemoth in the future.

Knowing these things is enough; who cares how to operate them?

On the other hand, given Lao Guo's current situation and financial circumstances, he wouldn't dare to throw his money away.

"Haha, Mr. Chen, you think so too?"

Guo was overjoyed to hear this; finally, someone recognized him, and the person was a big boss who had invested in him.

With Chen Dong's support, all I need to do is realize my ideas one by one.

"Mr. Chen, thank you for your approval, but to put your mind at ease, I still have a few more words to say."

Chen Dong nodded, and Lao Guo continued, "Based on my understanding of the industry and my prediction of market trends, personal computer connectors are an inevitable trend in the future, and they will develop towards diversification and automation. Only in this way can we meet the growing demand for products."

"Mr. Chen, I'm certain that in the next 5 years, the number of consumer computers worldwide will not be less than 100 million."

"One hundred million computers?" Chen Dong chuckled to himself upon hearing this.

"Mr. Chen, you don't agree?"

Guo's heart skipped a beat. The figure of 100 million units was not just empty talk; it was the result of rigorous calculations.

With a global population of nearly 7 billion, and as society continues to develop and technology advances, the use of computers will receive support from governments around the world, thus unleashing unprecedented potential in the personal market.

"Old Guo!"

Chen Dong patted Lao Guo on the shoulder, "I don't disagree with your development strategy. On the contrary, I think what you said is too conservative."

"Why not be a little bolder?"

Chen Dong smiled with his lips pursed, giving off an unfathomable feeling.

"Be even bolder?"

Old Guo's eyes widened, and he tentatively asked, "Mr. Chen, do you think one hundred million computers is too few?"

"Um."

Chen Dong nodded. It was the end of May 1993. Five years later, it would be the second half of 1998.

Leaving aside those developed Western countries, let's just take China as an example.

1998 was also the year that internet cafes quietly emerged.

Red Alert, Chinese Paladin, StarCraft...

Computer games like these are springing up like mushrooms after rain, experiencing explosive growth.

When internet cafes first started, an hour of internet access cost as much as 50 yuan.

Once the first person to try something new was discovered, people developed an immense enthusiasm for computers and internet cafes; it was like a goose that laid golden eggs.

In less than six months, internet cafes have appeared in every corner of first- and second-tier cities, and then in third- and fourth-tier cities, and even small counties.

A small internet cafe can be set up with just seven or eight computers. Despite the exorbitant prices, there are people waiting to use the computers almost 24 hours a day.

And companies, individuals, schools...

If you add all these figures together, the total number of computers in China alone must have exceeded one hundred million, right?

In countries with high computer penetration rates, there is almost one computer for every ten people.

Based on this calculation, Chen Dong said that global computer sales in 1998 reached 500 million units, which is a conservative estimate.

"200 million?"

Chen Dong slowly shook his head.

300 million?

Old Guo's eyes widened, and his breathing became somewhat rapid.

My dear reader, there's more to this chapter! Please click the next page to continue reading—even more exciting content awaits!

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